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Скачать или смотреть Remortgage to pay a Tax Bill – Common Problems

  • Niche
  • 2025-01-31
  • 655
Remortgage to pay a Tax Bill – Common Problems
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If you are reading this you may have already fallen into the trap of thinking that remortgaging to pay a Tax Bill is straight-forward; well it isn’t, and the wrong positioning and lender selection can lead to rejection and harm to your credit rating. If the tax bill also has a deadline to be repaid, it could have wide-reaching consequences.

This video touches on the common mistakes made when looking to remortgage to repay a tax bill, and it is prudent to use a professional Mortgage Broker, such as Niche Advice, for this particular type of borrowing.

You can also find out more on my blog post on this very subject by clicking on the link below
https://www.nicheadvice.co.uk/remortg...

💡 If you find this video helpful, don’t forget to like, subscribe, and hit the bell icon for more valuable advice on mortgages, debt management, and property finance!

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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. AS A MORTGAGE IS SECURED AGAINST YOUR HOME OR PROPERTY, IT COULD BE REPOSSESSED IF YOU DO NOT KEEP UP THE MORTGAGE REPAYMENTS.

Think carefully before securing other debts against your home
You are consolidating your existing financial commitments, you should therefore be aware that whilst this may mean you will make short term savings, over the long term, you may end up paying more. This is because you may be extending the period of the loan. You are also transferring previously unsecured debts to a mortgage which is secured on your home. The reason you want to consolidate your existing debts is to reduce your monthly outgoings.

Please also be made aware Lenders tend not to look favourably on applicants that have a repeated history of debt consolidation so future finance, for this reason, may be hard to obtain.

The content of this Video does NOT constitute giving advice it is purely designed for general information purposes only. The qualification for a mortgage will depend on your own individual circumstances, and your case should be fully discussed with a Professional Mortgage Broker before you apply. Niche Advice are Independent Whole of the Market Mortgage Broker dealing with different types of clients buying properties all across the UK.

Some Buy to let, and commercial mortgages are not regulated by the Financial Conduct Authority.
Niche Advice Limited is a Credit Broker and does not lend money directly to clients. Niche Advice Limited is authorised and regulated by the Financial Conduct Authority. FCA No: 750263. The Financial Conduct Authority does not regulate Commercial Buy to Lets, including some Bridging Loan products.

#taxbill #Remortgagetopaytax #taxfinance

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